Nexo Pro launches to offer industrial-level service to individual users


Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more ›

Digital asset exchange platform Nexo has launched its new platform, Nexo Pro, which is designed to bring industrial-level trading functions to the use of individual users.

After analyzing the market and the needs of investors, the Nexo team said they realized the demand for professional-like trading for retail customers, according to a Sept. 7 news release shared with CryptoSlate.

Nexo’s Vice President, Yasen Yankov, said:

“Nexo Pro is the result of a long exploration in the world of retail and institutional trading. We’ve tried and tested its underlying features”

The Nexo Pro has been launched for all existing Nexo users for an additional 50% discount on transaction fees.

All current Nexo users can start using Nexo Pro without having to transfer their assets.

Nexo Pro

Aiming at offering an industrial-level trading service to individual users, Nexo Pro offers institutional-grade aggregated liquidity and near-zero slippage of trade executions when buying and selling.

Sophisticated trading tools such as Time-Weighted Average Price (TWAP) and smart orders, API gateways, and perpetual futures contracts are included in the new platform.

The Nexo team also aims to offer their customers the best and most stable prices. To do so, the platform gathers 3,000  order books and 420 liquidity pools to aggregate the most advantageous option.

Upcoming features

The Nexo team is keen on turning Nexo Pro into a “360-degree crypto-crypto-coin super app.” The platform’s desktop version is already live and is ready to be used by over 5 million Nexo users. The mobile version will be out in the near future as well.

Additional token utilities will be introduced in the coming weeks to give NEXO Token holders the to reduce trading fees. Moreover, the team also hinted that wallet, lending, and custody features are currently being developed.

Nexo also launched its crypto-crypto-coin-backed card in partnership with Mastercard in early 2022, which could be more closely integrated with the new platform.

Posted In: Exchanges, Sponsored



Source link

Latest

Where have the miner rewards gone?

With macroeconomic conditions dictating the...

Is ETH inflationary or deflationary after the Merge?

One of the most heated...

Binance to add opt-in button for 1.2% LUNC burn tax on all trades

Binance CEO Changpeng Zhao (CZ) was...

Newsletter

spot_img

Don't miss

Where have the miner rewards gone?

With macroeconomic conditions dictating the...

Is ETH inflationary or deflationary after the Merge?

One of the most heated...

Binance to add opt-in button for 1.2% LUNC burn tax on all trades

Binance CEO Changpeng Zhao (CZ) was...

Binance hires former Kraken compliance chief

Cryptocurrency exchange Binance hired Kraken’s...
spot_imgspot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here

ajax-loader
Send this to a friend